HIVE Digital Technologies

It’s been a stormy start to summer on the markets. Trade tensions are once again flaring, with US President Donald Trump ratcheting up tariffs on steel and aluminium, sending a shiver through global equity markets. China has promised a firm response, while courts in Washington bicker over whether the tariffs are even legal. No surprise, then, that investors have turned cautious. Yet, dig a little deeper and a different picture emerges. According to UBS’s latest market outlook, the overall direction of travel still favours equities over the next 12 months, especially in the United States. Earnings growing Earnings are growing, interest rates could be heading lower again, and even geopolitical posturing might be more bark than bite. UBS’s call is simple: don’t get blown off course by the headlines. Instead, think long term and phase into the market gradually, particularly into high-quality US stocks and sectors driving innovation. That advice comes with good reason. Corporate earnings in the United States rose faster than expected in the first quarter, and UBS has upgraded its full-year forecast for S&P 500 earnings per share to 4%. That might not sound like fireworks, but in a jittery environment, steady profit growth offers solid ground. Even more encouraging, UBS sees 8% earnings growth in 2026, helped along by a pickup in real wages, clearer tax policy, and a return to interest rate cuts by the Federal Reserve. Historical angle There’s also a historical angle worth remembering. Times of high market volatility and low investor confidence (both of which we’re seeing now) have often been followed by strong returns. With the S&P 500 now just shy of its record high, UBS expects it to push higher, hitting 6,400 by next June, up from 5,912 today. But what about all the noise around tariffs? Yes, trade policy is lurching back into confrontational territory, and UBS sees no quick resolution. Still, the base case is that cooler heads will prevail, particularly if markets start to suffer. After all, the Trump administration has shown before that it responds to financial stress. Even with the latest drama, UBS believes the effective US tariff rate will settle around 15% by year-end. That’s not nothing, but it’s manageable. In the meantime, artificial intelligence and other transformational technologies continue to gather pace. Secular growth UBS highlights themes like AI chips, cloud computing, and health care innovation as areas of “secular growth”; in other words, they are rising regardless of the economic cycle. While individual tech stocks may be volatile, the underlying demand remains robust. So, what to do in practice? UBS recommends adding to equities bit by bit rather than trying to time the perfect moment. Think of it as dipping your toe in rather than diving headfirst. For those worried about short-term jolts, strategies focused on preserving capital or diversifying into quality bonds still make sense. The takeaway? This isn’t a time to retreat. It’s a time to plan, pace yourself and, above all, stay invested. Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share significant operational milestones for HIVE Digital Technologies, including surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate and achieving key benchmarks in its high-performance computing (HPC) expansion. Holmes reported that HIVE has added 1 EH/s of mining capacity per week over the last month, bringing its current total to over 10 EH/s. The company is now ahead of schedule in reaching its Phase 1 objective of 11.5 EH/s by the end of June 2025. With a fleet efficiency of 20 Joules per Terahash, HIVE is demonstrating both speed and sustainability in its mining operations. Importantly, Holmes emphasized that this rapid growth is fully funded, giving the company confidence as it continues to scale toward its long-term target of 25 EH/s by the fourth quarter of 2025. This expansion positions HIVE as a serious contender in the global Bitcoin mining sector. Beyond mining, HIVE's HPC subsidiary, Buzz HPC, is also exceeding expectations. The company announced that Buzz HPC has reached a $20 million annualized revenue run-rate from its GPU cloud services—a full month ahead of its original June 2025 target. This milestone reflects the growing demand for GPU-based infrastructure and the effectiveness of HIVE’s strategy in building a complementary business beyond crypto. Buzz HPC now operates with a fleet of over 5,000 high-performance GPUs, enabling the company to serve clients in AI, machine learning, and cloud rendering. The success of Buzz HPC further validates HIVE’s diversified growth model and positions it as a rising player in the cloud infrastructure and AI computing space. #proactiveinvestors #hivedigitaltechnologies # #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors» Mehr auf proactiveinvestors.com

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has surpassed 10 exahash per second (EH/s) in global Bitcoin mining hashrate as it continues to expand its Paraguay facility. Over the past month, the company has added 1 EH/s each week and is currently ahead of schedule to reach its Phase 1 goal of 11.5 EH/s by the end of June 2025.» Mehr auf proactiveinvestors.com

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024. San Antonio, Texas--(Newsfile Corp. - May 28, 2025) - HIVE Digital Technologies Ltd.» Mehr auf newsfilecorp.com